Relating to the right of a disabled veteran to obtain a certificate from the chief appraiser of an appraisal district stating whether the veteran would be entitled to an exemption from ad valorem taxation of property if the veteran were to acquire the property.
Impact
The implementation of HB 3202 is expected to have a significant impact on state tax laws, particularly in the area of property taxation. By enabling disabled veterans to request a preliminary tax exemption determination, the bill not only streamlines the process for these individuals but also potentially increases their home ownership rates. It aims to ease the financial burden associated with property purchases, ensuring that veterans can benefit from available exemptions some may previously have been unaware of.
Summary
House Bill 3202 authorizes disabled veterans to obtain a certificate from the chief appraiser of an appraisal district, which would confirm their eligibility for ad valorem taxation exemptions on property they intend to acquire. This preliminary determination is designed to assist veterans in understanding their tax benefits before they finalize a property purchase, thus facilitating better financial planning and property acquisition for disabled veterans.
Contention
While the bill seeks to provide financial relief to disabled veterans, it may raise questions about how these exemptions could affect local governments' revenue streams. Some lawmakers might express concerns regarding the implications of increased exemptions on funding for local services. However, the bill's proponents argue that supporting disabled veterans in this manner is essential for promoting their economic independence and recognition of their sacrifices.
Notable_points
The language of HB 3202 emphasizes quick administrative responses by requiring the chief appraiser to issue a written determination within 30 days of a request. This is a significant shift toward transparency and efficiency in the tax exemption process for disabled veterans, reflecting broader efforts to enhance support for veterans at the state level.
Relating to the authority of an individual, before purchasing real property to be used as the individual's residence homestead, to request from the chief appraiser of the applicable appraisal district a preliminary determination of whether the property would qualify for a disabled veteran exemption if purchased by the individual and used for that purpose.
Relating to the exemption from ad valorem taxation of the total appraised value of the residence homestead of the surviving spouse of a 100 percent or totally disabled veteran.
Relating to the procedure by which the chief appraiser of an appraisal district is required to notify an owner of property that has been omitted from the appraisal roll that the property is being added to the roll.
Relating to the procedure by which the chief appraiser of an appraisal district is required to notify an owner of property that has been omitted from the appraisal roll that the property is being added to the roll.
Proposing a constitutional amendment authorizing the legislature to provide for an exemption from ad valorem taxation of all or part of the market value of the residence homestead of the surviving spouse of a 100 percent or totally disabled veteran regardless of whether the property was the residence homestead of the surviving spouse when the disabled veteran died.
Relating to a limitation on increases in the appraised value for ad valorem tax purposes of the residence homesteads of military veterans, individuals who are disabled or 65 years of age or older, and their surviving spouses.
Relating to an exemption from ad valorem taxation of the amount of the appraised value of real property that arises from the installation in the property of certain energy efficiency-related improvements.
Relating to an exemption from ad valorem taxation of the total appraised value of the residence homesteads of certain elderly persons and their surviving spouses.
Relating to an exemption from ad valorem taxation of the total appraised value of the residence homesteads of certain elderly persons and their surviving spouses.
Relating to an exemption from ad valorem taxation of the total appraised value of the residence homesteads of certain elderly persons and their surviving spouses.